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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessOct 31-Nov1 FOMC Minutes show several members...>
FED: Oct 31-Nov1 FOMC Minutes show several members said near term rate
hike would be appropriate, as the economy and inflation are expected to
evolve in the coming months. There was no actual mention of December.
- However, there were a few participants that suggested deferring a hike
until the path of inflation is confirmed, with some members saying they
will watch for signs that low inflation is not transitory.
- Other members were concerned about upside risks to inflation with the
already-tight labor market expected to tighten further.
- Others also concerned that low inflations expectations will make it
hard to promote a return to inflation near 2%.
- "A few" saw a higher chance of significant tax cuts recently.
- Participants saw hurricane effects as temporary, as expected.
To read the full story
Sign up now for free trial access to this content.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.